You did the math wrong.I mean, none of your options are in the money, so clearly not now.
At a $300 stock price, you'd make $3,000 pre-tax. Is that meaningful to you?
At $350, you'd have $10k, at $400 you'd have just short of $20k.
If you have 5 to 10 years remaining on these, I would continue to hold. Feel free to post again when they're in the money by enough that you're considering taking some off the table.
At $400 stock price I would have:
($400 - $350 strike price) * 500 shares +
($400 - $300 strike price) * 800 shares +
($400 - $250 strike price) * 600 shares
=
$195,000 pre-tax
Yes that would be meaningful to me
Statistics: Posted by CletusCaddy — Tue Jul 16, 2024 10:53 am — Replies 17 — Views 916